January 2021

Majority of Americans had to withdraw from retirement in 2020

For many Americans, the pandemic has caused a major setback in their retirement plans. Nearly 60% of Americans withdrew from their retirement accounts during the pandemic, according to a recent survey. Most withdrawals from retirement accounts in 2020 represented significant amounts of money. Visit Business Insider’s homepage for more stories. Nearly 60% of Americans withdrew

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Retiring GOP senator calls for income cap of $50,000 for stimulus payments

Ohio Sen. Rob PortmanRobert (Rob) Jones PortmanSunday shows preview: New COVID-19 variants spread in US; Redditors shake Wall Street with Gamestop stock The Hill’s Morning Report – Presented by Facebook – Which path will Democrats take on COVID-19 bill? Democrats ready to bypass Republicans on COVID-19 relief bill MORE (R) said Sunday that Republicans will

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Liz Weston: Social Security survivor benefits allow option of switching to retirement benefit later

Dear Liz: I was 21 and my husband was 69 when we got married. He died in 1992 after 13 years of marriage. Our young son and I received survivor benefits for years. I got remarried in 2000 and divorced in 2008. When I reach my full retirement age of 66 years and 8 months, could

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Bradford John ‘Brad’ Holtz, 70, retired financial analyst with the Department of Defense

Bradford John ‘Brad’ Holtz LELAND — Bradford John “Brad” Holtz, 70, passed away Thursday, Jan. 28, 2021, at his home. Brad was a proud 1972 graduate of the U.S. Military Academy, West Point, New York. He served in the U.S. Army, retiring with the rank of major in 1992. He was an armor officer, then

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Chesapeake Bay Foundation educator retiring after 40 years on the water | Local News

“That was partly so that teachers would know what to expect for their students on these trips, and also to help make sure the students were properly prepared, dressed correctly for the weather and with plenty of suntan lotion,” he said. But Portlock said it quickly became clear that teaching teachers critical lessons about the

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Retirement in Brief: Risk Gauge Ticks Up, Survey Shows Improving Finances, and Study Shows Workers Not Maximizing HSAs

A gauge of retirement-security risk ticked upward in 2020 amid the coronavirus pandemic, but researchers believe it doesn’t reflect the strain on lower-income workers’ ability to maintain their current standard of living in retirement. But the latest retirement-related news isn’t all bad. A separate survey found that Americans are better prepared for a financial emergency

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